Shareholder Investigation of BARCLAYS PLC

TORONTO, Dec. 23, 2013 /CNW/ - Morganti Legal, P.C., a cross border law firm 
that represents investors is investigating whether Barclays plc (NYSE: "BCS" 
and LSE: "BARC") misled investors about its investment quality between July 
2007 and June 2012. 
During June 2012, Barclays plc paid $450 million to resolve regulatory 
investigations of its role in manipulating certain interest-rates, such as 
LIBOR (London Interbank Offered Rate).  On December 7, 2013, it was reported 
that Ricardo Master Fund, a Barclays' offshore fund, profited over two hundred 
million dollars from its interest rate derivative business linked to LIBOR.  
These profits were never shared with Barclays' shareholders, yet, those 
shareholders may have been economically injured when Barclays paid hundreds of 
millions in regulatory fines in June 2012 and its stock dropped more than 10% 
on news of the fines.  It appears that Barclays delisted its Ricardo Master 
Fund just weeks prior to paying the $450 million fine. 
Morganti Legal, P.C. is evaluating possible claims on behalf of Canadians who 
held Barclays' securities listed on the London Stock Exchange and New York 
Stock Exchange.  You may contact Andrew Morganti by telephone at (416) 
800-2171 or by email at amorganti@morgantilegal.com for further information. 
Morganti Legal, P.C. is a law firm that investigates, litigates and resolves 
economic and financial disputes.  You may learn more about Morganti Legal, 
P.C., at www.morgantilegal.com. 
This press release may be considered Attorney Advertising in some 
jurisdictions under the applicable law and ethical rules.
 

SOURCE  Morganti Legal, P.C. 
http://www.morgantilegal.com 
To view this news release in HTML formatting, please use the following URL: 
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CO: Morganti Legal, P.C.
NI: FIN  
-0- Dec/23/2013 13:01 GMT
 
 
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